Civil Company
Civil company formation in the UAE require a minimum of two shareholders and while there is no official upper limit, the generally accepted cap is 50 – these can be either individual or corporate entities. Civil companies do allow for 100% foreign ownership, there is still a requirement to work with a Local Service Agent (LSA) in the UAE in order to service from the mainland. Unlike local sponsors, LSAs do not hold a stake in business. The role of the LSA is simply to liaise with government departments on your behalf – assisting with Licence approvals, work permit and visa applications and the like – for which they are paid either an agreed fee or a percentage of company profits. Incorporation of UAE civil company is an only possible by a certified professional from a specialized field. For e.g. Doctors, Auditors, Lawyers, Certified Consultants, Engineers, etc.
Documents required for Initial Approval:
- Registration and licensing application, as well as proof of reserved trade name.
- Photocopy of applicant’s passport (together with residence permit / visa details for non-GCC states nationals).
- Photocopy of applicant’s naturalization identification for UAE nationals only.
- No-objection letter from the applicant’s current sponsor for non-GCC nationals.
- Photocopy of the director’s passport, and no-objection letter from the director’s current sponsor.
- Approval issued by other Government authorities according to the type of activity.
- The Company’s Board of Directors resolution to subscribe to the new company if the partner is an existing corporate entity in UAE or abroad (the resolution must be attested by UAE embassy / consulate or by a GCC state embassy / consulate and UAE Ministry of Foreign Affairs, and duly translated into Arabic).
Documents required after getting the Initial Approval:
- Initial Approval receipt
- All documents submitted before in order to get the Initial Approval.
- Photocopy of office lease including the plot number.
- Appointment contract of Local Service Agent duly authenticated by the Notary
- If the partner is an existing corporate entity in UAE or abroad the Memorandum of Association and the Commercial Register Certificate must be attested by UAE embassy / consulate or by a GCC state embassy / consulate and UAE Ministry of Foreign Affairs, and duly translated into Arabic).
The following are the steps involved in the formation of Civil Company:
- Selection of company name
- Approval of company name from licensing department of the economic department
- Drawing up of company’s Local Service Agent Agreement
- Attestation of Local Service Agent Agreement by a Notary of Court
- Inspection & registration of office space of company
- Getting approval from the economic department
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about Civil Company set up.
Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in Dubai. Our company acts as a one stop solution for Civil Company incorporation services.
If you are looking for Civil Company setup, please get in touch with us for professional assistance.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
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Copyright © 2020 Global Business Services.